EXCELLENT SINGLE TENANT, NNN INVESTMENT OPPORTUNITY WITH NYSE LISTED COMPANY, UNITED RENTALS (URI). URI IS THE WORLD'S LARGEST EQUIPMENT RENTAL COMPANY AND IS A MEMBER OF TEH STANDARD AND POOR'S MIDCAP 400 INDEX AND PART OF THE RUSSELL 2000 INDEX. THIS IS A NEW FACILITY FOR URI AND THERE IS A 10 YEAR LEASE IN PLACE AND THAT COMMENCES NOVEMBER 1, 2010. OFFERED AS A 8.5 CAP INVESTMENT, NOI IS $132,000 AND THE TENANT IS RESPONSIBLE FOR BUILDING MAINTENANCE. THE BUILDING IS IN AN EXCELLENT LOCATION AT THE INTERSECTIONS OF HWY 30 AND INTERSTATE 380. TEH FACILITY IS 9,165 RENTABLE SQUARE FEET AND SITS ON 1.6 ACRES +/-.
Off market
Price Unknown
560 Waconia Ct SW, Cedar Rapids, IA 52404
--beds
--baths
16,221sqft
SingleFamily
Built in 1978
1.60 Acres lot
$-- Zestimate®
$--/sqft
$-- HOA